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Bloomberg
Financial

BNP Paribas Says Warsh Can Prove Credibility With Rate Hike

Camille de Courcel, head of developed markets rates strategy at BNP Paribas, discusses the outlook for Treasury yields ahead of today's US inflation data and next week's Federal Reserve decision. "I think he's [Fed Chair Kevin Warsh] seen that the July FOMC meeting did not look credible enough for the market," de Courcel tells Bloomberg Television. "He really sees that window of opportunity to show credible and suggest that there will be hikes. So if you don't deliver on that, you can run into a a vicious circle."

Leia mais: BNP Paribas Says Warsh Can Prove Credibility With Rate Hike
Bloomberg
Financial

Swedish Election Race Tightens Ahead of Sunday's Vote

As Swedish voters head to the polls on Sunday, Prime Minister Ulf Kristersson of the Moderates is seeking a second term for his center-right government in a race that has tightened sharply in the final weeks. The four-party opposition led by Social Democrat Magdalena Andersson has 50.7% support against 48.1% for the ruling bloc, according to the latest poll for broadcaster TV4. Charles Daly reports from Stockholm.

Leia mais: Swedish Election Race Tightens Ahead of Sunday's Vote
Bloomberg
Financial

Political, Inflationary Risks On Europe's Horizon: Market Snapshot

The European Central Bank gathered to deliver an interest rate hike this week against a back drop of rising global bond yields, spiralling energy prices and growing political risk. Following a state election win for German's far-right AfD party in Saxony-Anhalt, attention now turns to an array of elections across multiple European countries in 2027. France in particular stand out as an area for concern for investors as the country navigates political divide and a shaky fiscal outlook. The Opening Trade spoke to guests about the biggest challenges facing European nations at a time of heavy pressure on public finances.

Leia mais: Political, Inflationary Risks On Europe's Horizon: Market Snapshot
Bloomberg
Financial

India-China Set For Bilateral Talks At BRICS Summit

Chinese President Xi Jinping will visit India this weekend to attend the BRICS summit, marking his first trip to the country since 2019. But Observer Research Foundation's Antara Ghosal Singh says while progress has been made on the India-China border issues, economic ties between both sides remain challenging. She spoke with Bloomberg's Insight with Haslinda Amin.

Leia mais: India-China Set For Bilateral Talks At BRICS Summit